The China (Shanghai) Pilot Free Trade Zone (SHFTZ or Shanghai FTZ) was approved by the State Council on 17 August 2013 as the first pilot free trade zone in China. It covers the four special customs supervision areas of the Waigaoqiao Bonded Area, Waigaoqiao Bonded Logistics Park, Yangshan Bonded Port Area and Pudong Airport Comprehensive Bonded Area.
Urbanisation looks set to gather speed in China. In future, increases in the urban population will mainly take place in small and medium-sized cities. As economic development shifts to the lower-tier and inland cities, the economic level and consumption power of cities at different levels are going up steadily. Among the numerous cities on the mainland, the HKTDC has selected the 30 that offer the most promising consumer markets.
On-campus credit service providers are booming as undergraduates opt for immediate consumer gratification. This demand for easy credit among the student community has seen the emergence of a number of dedicated online platforms, as well as offline financial service providers.